All hail the political u-turn – we should welcome more of them December 6, 2022 Should you be driving towards the edge of the white cliffs of Dover, hands on the wheel and pedal to the metal, you can imagine that any passengers who happened to be in the car alongside you would be encouraging you, at some volume and with no small level of profanity, to turn the thing [...]
No regulatory ‘race to the bottom’ says Glen as City braces for rules reform December 6, 2022 A top Treasury minister said the government was not “deregulating for deregulation’s sake” today as the government tries to soothe concerns it will overzealously slash rules governing the financial sector.
Strikes: Sunak convenes cabinet as Number 10 tells RMT to reconsider pay offer December 6, 2022 Rishi Sunak has sent a fresh warning to unions ahead of upcoming Christmas strikes, with Number 10 urging transport union bosses to reconsider the current pay offer. Number 10 said National Union of Rail, Maritime and Transport Workers (RMT) boss Mick Lynch should take the current pay offer “seriously” as it is “generous and fair”. [...]
Scientists urge world leaders to stop burning trees to generate energy December 5, 2022 Countries must stop burning trees to make energy because it undermines the world's climate and nature goals and destroys valuable wildlife habits.
Ageing population and weaker post-Brexit migration has damaged UK economy, experts claim December 5, 2022 An ageing population, weaker migration inflows since Brexit and a sicker society due to the pandemic has damaged the UK long-term economy’s health, top City economists have warned. A steadily rising elderly population has resulted in a jump in Brits leaving the jobs market to take retirement or due to ill health, putting the workforce [...]
Reports: UK set to unveil post-Brexit financial services reforms on Friday December 5, 2022 The UK is reportedly set to bring forward long awaited post-Brexit reforms to the UK’s financial services rulebook on Friday. Bloomberg reported this morning that the Treasury is now completing the final details of the package, with cabinet sign-off expected this week, and that an announcement is pencilled in for the end of the week. [...]
Explainer-in-brief: As MPs abandon politics, Sunak must call for unity December 5, 2022 Another week starts, and another swarm of Conservative MPs might announce they’re stepping out of politics. This will be Rishi Sunak’s crux today and for the foreseeable future, as the number of Conservatives saying they will stand down at the next election surpassed ten last week. One of the most notable announcements came from Sajid [...]
Just Stop Oil protests should not justify carte blanche powers to the police December 5, 2022 You would need the patience of a saint, or a dyed-in-the-wool eco-warrior, not to have been even slightly irritated by the recent activities of Just Stop Oil protestors. Whether it’s young people throwing soup over some of the world’s most valuable paintings or twenty-eight-year-old Indigo Rumbelow reduced to yelling at a television interviewer, these are [...]
‘Government can change’ UK economic stagnation, CBI urges December 5, 2022 The UK risks another “lost decade of growth” unless the government takes action to strengthen companies’ confidence in the economy, the country’s top business group warned today. Rishi Sunak must create an environment that incentivises business investment to avoid prolonging the UK’s growth malaise since the financial crisis, according to the Confederation of British Industry [...]
Linklaters cashes in on UK push to bolster naval fleet December 4, 2022 Magic Circle law firm Linklaters is cashing in on the Royal Navy’s push to bolster its fleet with the purchase of five new battleships from British arms manufacturer BAE. The City law firm is advising the UK’s Ministry of Defence (MoD) as it pushes forwards with the purchase of five new battleships from BAE Systems [...]